Asia debt issuance surges as banks lead borrowing spree

TREE NEWS reports: Asia-Pacific issuers rushed into the dollar bond market on Tuesday in one of the region’s busiest days this year, as global firms seek funding before rates rise further. Over 10 issuers are queued, including Japan’s MUFG seeking $3.5 billion, with Mizuho, Commonwealth Bank of Australia and Maybank also planning raises.